9. Cancellation and Refund Policy for Resident
Training Programs
The school must refund all money paid if the applicant is not
accepted. This includes
instances where a starting class is canceled by the school.
The school must refund all money paid if the applicant cancels within
three business days
(excluding Sundays and holidays) after the day the contract is
signed or an initial
payment is made.
The school may retain an established registration fee equal to ten
percent of the total
tuition cost, or one hundred dollars, whichever is less, if the
applicant cancels after
the third business day after signing the contract or making an
initial payment.
If training is terminated after the student enters classes, the
school may retain the
registration fee established under (3) of this subsection, plus a
percentage of the
total tuition as described in the following table:
|
If the
student completes this amount of training: |
The
school may keep this percentage of the tuition cost:
|
| One
week or up to 10%,
whichever is less |
10%
|
| More
than one week or 10%
whichever is less but less than 25% |
25%
|
| 25%
through 50% |
50%
|
| More
than 50% |
100%
|
When calculating refunds, the official
date of a student's
termination is the last day of recorded attendance.
All refunds must be paid within thirty calendar days of the student's
official
termination date.